The World Can Halt Bush’s Crimes by Dumping the Dollar
by
Paul Craig Roberts
by Paul Craig Roberts
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What would
be the consequences of a US or Israeli attack on Iran’s nuclear
energy sites?
At the 2006
Perdana Global Peace Forum, Australian
medical scientist Dr. Helen Caldicott provided an authoritative
analysis of the devastating impact on human life that would
result from the radiation release from such an attack.
Dr. Caldicott
described the catastrophic deaths that would result from a conventional
attack on nuclear facilities and the long-term increase in cancer
deaths from the radiation release.
Should the
attack be made with nuclear weapons – as some of Bush’s criminally
insane neoconservative advisers advocate – the populations of many
countries would suffer for generations from radioactive particles
in air, water, and food chains. Deaths would number in the many
millions.
Such an attack
justified in the name of "American security" and "American
hegemony" would constitute the rawest form of evil the world
has ever seen, far surpassing in evil the atrocities of the Nazi
and Communist regimes.
Dr. Caldicott
detailed the horrible long-term consequences for the Iraqi population
from the US military’s current use of depleted uranium in explosive
ammunition used in Iraq. Caldicott explained that "depleted"
does not mean depleted of radiation. She explained that each time
such ammunition is used, radioactive particles are released in the
air and are absorbed into people’s lungs. We are yet to see the
horrific civilian casualty rate of the American invasion – or the
true casualty rate among US troops.
Dr. Caldicott
expressed bewilderment why the rest of the world does not stand
up to the US and force a halt to its crimes against humanity.
One man heard
her – Vladimir Putin, President of Russia.
On February
10 at the 43rd Munich Security Conference, President Putin told
the world’s assembled political leaders that the US was trying to
establish a "uni-polar world," which he defined as "one
single center of power, one single center of force and one single
master."
This goal,
Putin said, was a "formula for disaster."
"The United
States," Putin said, truthfully, "has overstepped its
borders in all spheres" and "has imposed itself on other
states."
The Russian
leader declared: "We see no kind of restraint – a hyper-inflated
use of force."
To avoid catastrophe,
Putin said a reconsideration of the entire existing architecture
of global security was necessary.
Putin’s words
of truth fell on many deaf ears. US Senator John McCain, America’s
most idiotic and dangerous "leader" after Bush and Cheney,
equated Putin’s legitimate criticism of the US with "confrontation."
America’s new
puppets – the states of central and Eastern Europe and the secretary
general of NATO, no longer a treaty for the defense of Europe but
a military force enlisted in America’s quest for empire – lined
up with McCain’s argument that Russia was in fundamental conflict
"with the core values of Euro-Atlantic democracies."
Even the BBC’s
defense and security correspondent, Rob Watson, jumped on the American
propaganda bandwagon, tagging Putin’s speech a revival of the cold
war.
No delegate
at the security conference stood up to state the obvious fact that
it is not Russia that is invading countries under pretexts as false
as Hitler’s and setting up weapons systems on foreign soil in order
to achieve military hegemony.
The reception
given to Putin’s words made it clear to Russia, China, and every
country not bribed, threatened or purchased into participation in
America’s drive for world hegemony that the US has no interest whatsoever
in peace. Intelligent people realize that American claims to be
a moral and democratic force are mere pretense behind which hides
a policy of military aggression.
The US, Putin
said, has gone "from one conflict to another without achieving
a fully-fledged solution to any of them."
Putin has repeatedly
stressed Russia’s peaceful intentions and desire to focus on its
economy and to avoid a new arms race. In his speech on the 60th
anniversary of the victory over Nazi Germany, Putin said: "I
am convinced that there is no alternative to our friendship and
our fraternity. With our closest neighbors and all countries of
the world, Russia is prepared to build a kind of relationship which
is not only based on lessons of the past but is also directed into
a shared future."
In his 2006
state of the nation speech, Putin noted that America’s military
budget is 25 times larger than Russia’s. He compared the Bush Regime
to a wolf who eats whom he wants without listening. Putin is being
demonized by US propagandists, because he insists upon Russia being
a politically and economically independent state.
The Bush Regime
has taken the US outside the boundaries of international law and
is acting unilaterally, falsely declaring American military aggression
to be "defensive" and in the interests of peace. Much
of the world realizes the hypocrisy and danger in the Bush Regime’s
justification of the unbridled use of US military power, but no
countries except other nuclear powers can challenge American aggression,
and then only at the risk of all life on earth.
The solution
is nonmilitary challenge.
The Bush Regime’s
ability to wage war is dependent upon foreign financing. The Regime’s
wars are financed with red ink, which means the hundreds of billions
of dollars must be borrowed. As American consumers are spending
more than they earn on consumption, the money cannot be borrowed
from Americans.
The US is totally
dependent upon foreigners to finance its budget and trade deficits.
By financing these deficits, foreign governments are complicit in
the Bush Regime’s military aggressions and war crimes. The Bush
Regime’s two largest lenders are China and Japan. It is ironic that
Japan, the only nation to experience nuclear attack by the US, is
banker to the Bush Regime as it prepares a possible nuclear attack
on Iran.
If the rest
of the world would simply stop purchasing US Treasuries, and instead
dump their surplus dollars into the foreign exchange market, the
Bush Regime would be overwhelmed with economic crisis and unable
to wage war. The arrogant hubris associated with the "sole
superpower" myth would burst like the bubble it is.
The collapse
of the dollar would also end the US government’s ability to subvert
other countries by purchasing their leaders to do America’s will.
The
demise of the US dollar is only a question of time. It would save
the world from war and devastation if the dollar is brought to its
demise before the Bush Regime launches its planned attack on Iran.
February
12, 2007
Paul
Craig Roberts [send
him mail] wrote the Kemp-Roth bill and was Assistant Secretary
of the Treasury in the Reagan administration. He was Associate Editor
of the Wall
Street Journal
editorial page and Contributing Editor of National
Review. He
is author or coauthor of eight books, including The
Supply-Side Revolution
(Harvard University Press). He has held numerous academic appointments,
including the William E. Simon Chair in Political Economy, Center
for Strategic and International Studies, Georgetown University and
Senior Research Fellow, Hoover Institution, Stanford University.
He has contributed to numerous scholar journals and testified before
Congress on 30 occasions. He has been awarded the U.S. Treasury's
Meritorious Service Award and the French Legion of Honor. He was
a reviewer for the Journal
of Political Economy
under editor Robert Mundell. He
is the co-author of The
Tyranny of Good Intentions.
He is also coauthor with Karen Araujo of Chile: Dos Visiones
– La Era Allende-Pinochet (Santiago: Universidad Andres Bello,
2000).
Copyright
© 2007 Creators Syndicate
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